Deposit safe



' July 12, 1927.

c. w. BANTA DEPOSIT SAFE Filed Nov. 27. 1925 N Annl lmi INVENTOR. WW Wfim A TTO NEY.

Patented July 12, 192 7.

, UNITED "STATES mm: w. 'BANTA, or sen rmcrsco, CALIFORNIA.

nnrosn' sun.

Application filed November 27, 1925. Serial No. 71,604.

This invention relates to deposit-receiving apparatus particularly for use in connection the convenience of their depositors, the dewith commercial and savings banks. As is well known, the larger banks today provide branch banks throughout the community for positors being permitted to make their deposits at the most convenient branch. lVhile this custom or system is an improvement and convenience over the old system of a single bank in each community, it yet leaves some things to be desired. I propose to provide an even greater distribution of deposit stations and so locate such stations that a depositor' can deposit his salary or wages substantially as soon as he receives the same and before he has had an opportunity or temptation to spend all or a part thereof. Such a system therefore not only operates as a great convenience to the public, but also encourages the habit of thrift.

Each branch bank in operation today requires the services of several employees and is expensive to operate. It is the primary object of my invention herein to provide a deposit-receiving apparatus which will be adapted to safely andsecurely receive the deposits and require the services of only one attendant. The expense of such a depositing station will be small and therefore per- -mit of a wide distribution of such stations throughout each community. \Vith one or more ofsuch stations located in each factory, oflice building, 'or other place of business having a number of employees, such employees will have the convenience and incentive of a bank directly at the place of business and where they receive their salary or wages.

It will furthermore be understood that my invention is applicable to use in stores and ofiices wherein the cash receipts can be deposited hourly, twice daily, or before and after banking hours, without the necessity of going to the bank. The invention is also applicable to banks for the purpose of re-- ducing the number of receiving tellers neces sary. A deposit receiving apparatus of the type disclosed herein can be placed adjacent each receiving teller. and the tellers time saved and any waiting on the part of the depositor eliminated, since the depositor can merely drop his deposit into the apparatus and receive a temporary receipt therefor.-

It will furthermore be notedfhat the apparatus as illustrated V is entlrelyportable,

whereby the same can be easily moved from place to place as may be desired, for'inculcatlng thrift or as an advertising feature.

The construction and operation of the apparatus disclosed herein for carrying out this systemis hereinafter more fully described. t In the accompanying drawing I have illustrated one specific embodiment of my invention, but it will be understood that the invention can be otherwise embodied and that the drawing is not to be construed as defining or limiting the scope of the invention, the claims appended to this specification being relied upon for that purpose.

Referring to the figures of the drawing: I

means to be hereinafter described are provided for quickly closing the chute in a manner protecting against fire or theft.

As illustrated, I mount a turret 6 on the safe to rotate on the axis of a post 7. This turret carries the portion 4, of the chute 4, which is adapted to cooperate with the portion4 in the safe. Mounted on the turret is a member 8 carrying the hopper 5. The member 8 can be rotated on a post 9 to bring the hopper into or out of alignment with the chute 4". In the drawing, the parts are shown in the deposit-receiving position, a bag 10 being placed in the safe and held open by hook brackets 11 and a baffle plate 12 preferably being provided to deflect the deposits into the bag.

the contents of the safe ner breaking the circuit to p its to the bank.

motor. The closing of the switch is ada ted to rotate the turret,180, bringing the c ute portion 4 out of alignment with the chute 4:". The worm and worm wheel connection would ordinarily prevent manual backward movement of the turret to the original position. I however preferablyprovide other locking means for ositively preventing any unauthorized bac ard rotation of the turret.

' A locking bolt 18 within the safe is normally held incontact with the bottom of the turret by a spring 19. When the turret rotates to the inoperative position, this bolt moves into a depression 20 in the turret and securely locks the turret against movement. It will be noted that the bolt being entirely in the safe can only be released by openin the door 3. It will furthermore be noted that the bolt carries a switch contact plate 21 of a switch in the motor circuit. When the bolt is in the position illustrated, the switch is closed,but when the bolt is moved to the turret locking position, the switch is automatically opened in. a manthe motor. This switch also being entirely within the safe, cannot be closed without opening the door 3. The bottom wall 22 of the turret will preferably be made relatively thick as illustrated, to provide greater protection to the safe over and about the chute 4".

I also preferably provide means for locking the member 8 in either of its two positions. This means comprises a springressed locking bolt .23 adapted to engage 111 either of two do ressions 24 in the top of the turret. The olt can be released by a cam 25 on a. post 26, the cam extending beneath the bolt and the post being adapted to receive a key 27.

One manner of using myinvention is substantially as follows. .The apparatus with one attendant is stationed at the factory or other business place to be accommodated, as many of such stations being established in different factories or within different parts of the same factory, as seems best. A representative of the bank calls in the mornmg before any deposits are made and places the bag 10 in the safe and locks the door 3, the turret being left in the position. illustrated. The one attendant in charge. who has the key to the lock 26, but who does not know the combination of door 3, places the member 8 in the position illustrated.

Each depositor himself places his deposit in a container, marks the container and dro s the same into the hopper 5, the at ten ant giving him a temporary receipt therefor. At intervals during the day and at the close of business the bank armored car calls at the several stations nd the collector opens the door 3 and ca has the dememes,

In case of fire or should the attendant be held up by attempted robbery, he closes the switch 16 merely by a slight movement of his foot, this being possible even though his hands are held upwardly. The motor thereupon rotates the turret to the locking position above defined, in which position the heavy turret bottom 22 fully protects the chute 4 in the safe.

The attendant can at any time disconnect the hopper from the chute by releasing the lock bolt 23 and rotating the member 8. This would be desirable when leaving the station for any period of time, even if there were no deposits in the safe, in order to be assured that nothing will be dropped into the safe.

I desire it to be understood that one of the most important uses for my deposit safe is the having of one of Such safes at a cen tral point where commercial depositors of,

a bank who are located at some distance from the ofiice of the bank can go to make their deposits. These deposit safes can be located in various business sections of the city and all the depositors of the bank who are located in the vicinity of these sections can make their commercial deposits daily through the medium of this deposit safe, rather than having to come to the main office of the bank. Every few hours an armored collecting car will go to these safe deposit stations and bring the deposits thereof to the main ofiice of the bank. Thus the use of my invention will be a great aid and convenience to commercial banks and their customers.

Having thus described my invention, What I claim is:

1. A portable deposit receiving apparatus comprismg the combination with asafe, of a chute leading thereinto, a movable member cooperating with the safe and carrying one portion of the chute, power operated means for moving the member to carry the said one portidn of the chute out of alignment with the chute portion in the safe, and

means for setting the power operatedmeans into operation. q

2. A portable deposit receiving apparatus comprising the combination with a safe, of a chute leading thereinto, a movable member cooperating with the safe and carrying one portion of the chute, ower operated means for moving the mem er to carry the said one portion of the chute out of alignment with the chute portion in the safe, means for setting the power operated means into operation, and means for locking the member in the said moved position.

3. A portable deposit receiving apparatus comprising the combination with a safe, of a chute leading thereinto, means for quickly closing the chute in a manner protesting the contents of the afe, an electric motor for operating said means, a switch for the motor, means within the safe for locking the apparatus in the closed chute position, and means cooperating with the 5 last named means for breaking the motor circuit when the locking means functions to lock.

4. A portable deposit receiving apparatus comprising the combination with a safe, of

a chute leading thereinto, a turret rotatably mounted on the safe and carrying one port-ion of the chute, power operated means for CLARE W. BANTA. 

